Cost Accounting - Under Budget
1 A manager comes up to you, asks you to code your time to a project that's under-budget instead of to the real project, which is running over-budget. What harm can it do? The company is still paying you the same amount; the costs are just going into different buckets.
2 How can an organization implement an effective cost accounting system and avoid the issue of blame? What steps could be taken to ensure that the system is not used inappropriately? How should managers use the information gained from the system, especially when results are negative?
3 How does an organization determine whether an activity "matches" cost behaviors.© SolutionLibrary Inc. solutionlibary.com 9836dcf9d7 https://solutionlibrary.com/business/accounting/cost-accounting-under-budget-3ds1